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Tag Archives: Ben Bernanke

Bernanke downplays risk of inflation to U.S. economy

WASHINGTON — Members of Congress sharply questioned Federal Reserve Chairman Ben Bernanke Wednesday over whether the Fed’s policies are raising the risk of higher inflation in the months ahead. House Budget Committee Chairman Paul Ryan, R-Wis., said he is concerned ...

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Republicans grill Bernanke over inflation threat

WASHINGTON — Members of Congress sharply questioned Federal Reserve Chairman Ben Bernanke Wednesday over whether the Fed’s policies are raising the risk of rising inflation in the months ahead. House Budget Committee Chairman Paul Ryan, R-Wis., said he is concerned ...

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Bernanke bond plan faces skeptics within Fed

WASHINGTON — Few expect any major shifts when the Federal Reserve’s policymaking panel meets this week, even though two of its new voting members have been skeptics of the Fed’s $600 billion Treasury bond purchase plan. That could all change ...

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Fed pays US Treasury record $78.4B last year

WASHINGTON — The Federal Reserve paid a record $78.4 billion in earnings to the U.S. government last year, reflecting gains from the central bank’s unconventional efforts to lift the economy. The payment to the Treasury Department is the largest since ...

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Fed boss Bernanke: It will take years for jobs to come back

WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress Friday that there is increasing evidence that a “self-sustaining” economic recovery is taking hold, but he said the Fed’s $600 billion Treasury bond-buying program is still needed because it will take ...

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Tax deal should help economy, analysts say

WASHINGTON — The tax deal struck by President Barack Obama and congressional Republicans essentially gives Americans a pay raise — pumping money into the economy almost immediately and probably creating hundreds of thousands of jobs over the next two years, ...

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U.S. plan to buy T-bonds annoys rival nations

WASHINGTON — The Federal Reserve’s plan to buy more Treasury bonds has incited critics at home to complain that high inflation and financial turmoil are inevitable. It turns out many foreigners are pretty angry, too. They say the Fed’s $600 ...

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